DK blames government’s ‘irresponsible’ policy for record forint low

The opposition Democratic Coalition (DK) on Wednesday blamed the government's "irresponsible policymaking" for the Hungarian currency's "historical low".

The forint slipped to 399 against the euro on Monday morning before recovering somewhat. It has hovered around that rate over the past two days.

Zoltan Varga, the spokesman for DK’s parliamentary group, told an online press conference that if the opposition were elected on April 3, it would take measures to strengthen the forint before adopting the euro later on.

Varga also noted that food, fuel and services prices had shot up over the past year.

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